Australia’s new-vehicle sales fell 2.3% year-on-year in May 2014 to 94,562 units, as business deliveries backslid 9.1% in the wake of a tough first budget from the new federal government. Federal Chamber of Automotive Industries CEO Tony Weber, releasing the monthly data, says government purchases rose 5.9%, while private sales edged up 1.6%. The result, the lowest May tally since 2011, left the year-to-date total down 2.9% to 441,642 units. Light-commercial-vehicle deliveries fell ...

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